Get Financially Fit for 2014…Cashflow Management that delivers!

November 2013

Today

Why Financial Fitness is important?What are the key elements?How to set up a daily cash flow.

Our Mission

To Support New Zealand Businesses to Develop, Manage and Grow.

We specialise inWorking as an Extension of our Clients’ Team.

Debtor Management

Payroll Management

Bookkeeping

Business Support

Strategic Services

Training

- NZ Trade & Enterprise Registered.

NEW 2014…

Online

Our Services

CNE Management Ltd

Nicky @ DMGNZ

Financial Fitness for EVER

Suze Orman

“A big part of financial freedom is having your heart and mind free from the what-ifs…”

Chris Chocola

“Balance sheets and income statements are fiction, cash flow is

reality.”

Key Elements of a Financially Fit Business

LATE

NIGHTS

DEBT COLLECTION

LIQUIDATION &

BANKRUPTCY

Debtor Management Systems

Creditor Management Systems

Personal & Team Development

Budget SystemsMonthly

Reporting

Business Planning

Cash Flow Management

SystemsProactive Decisions…

Increase Profits

How to set up a Daily Cash Flow

Today’s Workshop

1. Complete an exercise2. Analyse the Cashflow Report3. Identify Crunch Points and Solutions

Daily Cash-Flow Forecast

• Start with a template.

• Show expected expenditure/income dates–Wages/Salaries/Regular Drawings–Creditor Payments–Tax Obligations–Debtor Payments

• Debt breakdowns–Payment Plans–Loan Payments`

• IdentifyEstimated amount and dayFixed amount and day

Let’s Analyse our Statement: Where are the

Crunch Points?• Estimates/actuals• Overdraft• Cash flow issues• Debtors• Creditors • Bank manager• Accountant

LATE

NIGHTS

DEBT COLLECTION

LIQUIDATION &

BANKRUPTCY

Debtor Management Systems

Creditor Management Systems

Personal & Team Development

Budget SystemsMonthly

Reporting

Business Planning

Cash Flow Management

Systems

Key Elements

- Business Health Check

- Identify Solutions

- Provide Feedback

Next Step

Thank You

DMG’s Commitment